Australia: Future Fund participates in Fugue Inc's $41m Series D funding round

Visual of Fugue Inc. homepage. January 2017

Fugue Inc has closed a $41 million Series D financing round led by New Enterprise Associates. Prior investor Maryland Venture Fund and new investor Future Fund, the sovereign wealth fund of Australia, also participated. Morrison & Foerster LLP served as legal counsel to Fugue in connection with the financing.

Fugue, which is based in Frederick, Maryland, provides a software-defined system for orchestrating and enforcing cloud infrastructure at scale. This latest deal brings its aggregate equity funding raised to more than $75 million.

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